Chapter
Holding on to Bitcoin for its Upside Potential
13:52 - 19:44 (05:51)
The speaker explains how despite Bitcoin's current price of $10,000, there is still tremendous upside potential, and the two main camps of Bitcoin enthusiasts. They also discuss how there is a limit to how much BTC you can sell per week at a certain exchange, and how the speaker decided to hold onto their BTC.
Clips
The speaker tried to sell Bitcoin during a peak pricing period and was only able to sell half before deciding to hold onto the rest.
13:52 - 16:43 (02:51)
Bitcoin
Summary
The speaker tried to sell Bitcoin during a peak pricing period and was only able to sell half before deciding to hold onto the rest.
ChapterHolding on to Bitcoin for its Upside Potential
Episode#14 - The Bitcoin Believer
PodcastMy First Million
Some investors say if Bitcoin achieves its vision, it will become digital gold or the global reserve currency.
16:43 - 19:44 (03:00)
Bitcoin
Summary
Some investors say if Bitcoin achieves its vision, it will become digital gold or the global reserve currency. A partner at KKR, John Pfeffer, wrote a paper called "An Institutional Investor's Take on Cryptoassets" that offers an interesting analysis of cryptocurrency.